By Peter Switzer, Switzer Super ReportThere is nothing more annoying than seeing markets at the mercy of wise guys, but that's what we are dealing with right here, right now.
A new earthquake hits Italy which brought more destruction and death to the country. According to reports, 17 deaths were already accounted for due to this new earthquake.
By Rudi Filapek-VandyckThe S&P500 closed 0.23% lower, down 2.99 points to 1310.33. The Nasdaq lost yet another 10.
To protest the planned offshoring of sub-editing tasks to New Zealand, journalists at Fairfax Media voted to go on 36 hours of strike which took effect Wednesday midnight.
Amidst perception that domestic growth has stalled and key industries outside of the mining arena were struggling, the Australian Bureau of Statistics (ABS) unfurled on Thursday some glimmer of hope as it reported a considerable spike in investment flow during the first quarter this year.
More Internet speed and room will be required in the near future as network specialist Cisco issued a forecast this week that says net traffic will grow four-fold over the next four years, coming from its present levels that already paint a breakneck expansion pace for the World Wide Web.
Wesfarmers is optimistic for the current financial year that the company plans to open 19 Coles stores and refurbish 400 outlets in the coming months.
Despite a positive start to the trading week, the Australian share market continues to be sold off today, and is on track to close out May with an 8.5pct drop. That would make it the worst month on the Australian share market since the collapse of US investment bank Lehman Brothers in September 2008. In early trade, the All Ordinaries Index (XAO) is down 47.2pts or 1.1pct to 4101.5. Following falls on European and US share markets overnight on more worries about the deepening European debt crisi...
By Rudi Filapek-VandyckThe world is experiencing a repeat of the Spanish Flu. The first time around, between January 1918 to December 1920, casualties grew up to an estimated 130 million with even far remote places such as the Artic and tiny islands in the Pacific Ocean ending up being infected by w...
By James Stanley, Trading Instructor, FXCMFor over 30 months traders around the world have cautiously watched the world's largest continental economy flirt with disaster.
There are now new rumors speculating that Facebook would now push through with their own Facebook Smartphone. This is not the first time that these types of rumor has been released as there are already previous speculations stating the details about a new Facebook smartphone.
Country music star will give away a house on each stop on his upcoming 'Brothers of the Sun' tour with Kenny Chesney.
The Galaxy SIII is all set to take full-collision course against the world's most preferred smartphone, the iPhone 4S, as Samsung simultaneously launched this week its flagship mobile phone units in key Asian and European markets.
More bad news wait Australian workers as another round of job cuts loom over employees of an insurer and the country's Foreign Affairs Department.
Local stocks are coming off the recent two day rally, despite gains on US and European share markets overnight. US stocks resumed from the long weekend holiday to gain more than one percent, while European markets recorded healthy gains thanks to cyclical stocks. Profit takers though appear to have moved in on the local share market, with the All Ordinaries Index (XAO) down 35.4pts or 0.8pct at lunchtime in the East to 4312.8.
YouTube emerged this week as the winner in a four-year legal tussle that attempted to paint the Google subsidiary as a willing party on internet practices that border on unfair competition.
A regional carrier has blamed the carbon tax for its decision to axe two routes, but no less than Prime Minister Julia Gillard belied the claim.
Gina Rinehart, the world's wealthiest woman, did not get to the top by waiting for opportunities to drop on her lap. While her father, Lang Hancock, left her several millions of dollars, she parlayed the inheritance into billions by aggressively pursuing opportunities in the mining sector through Hancock Prospecting.
Samsung Galaxy S III is the latest smartphone offering from Samsung and expectations are running high for this new smartphone. Nonetheless, Samsung coincides the launch with its own Music Hub, which is deemed to compete with Apple's iTunes.
Coles and Woolworths's battle with global food giant Heinz may have subsided, but the two Australian supermarket giants are facing another war this time. Not another price war between the two competitors, but public perception which at this time is not kind towards the use of cheap, foreign labour.
China's Ministry of Finance will impose a duty on all oil shipments entering Chinese waters beginning from July this year, said the China Daily on Tuesday.
European and Asian markets rose today on fresh speculation that China is set to ramp up stimulus spending in order to avoid a sharp economic contraction.
Hey...this is fun! The European Roller Derby.
By Rudi Filapek-VandyckAs suggested by US index futures in the Memorial Day run up to yesterday's trading session, US equities were due for a technical bounce and bounce they did in last night's session.
By Rudi Filapek-Vandyck, Editor FNArenaA recent business trip allowed for a two week visit to Canada's Vancouver with spring weather and a little bit of rain colouring my first ever experiences inside the "other" commodities country.
Asia Session: The RBA loves to play the waiting game, so why not wait until the June 17 election in Greece before cutting the OCRChris Tedder, Research Analyst FOREX.
The latest NAB Online Retail Index released on Tuesday showed that in the year to April demand for products such as household appliances and electronic device dipped 5 per cent. However, for the same period, housewives online spending grew by 20 per cent.
Home sales in the country saw an uptick in April, as shown in the new Homes Sales Report issued on Tuesday by the Housing Industry Association (HIA), but the surge could prove insufficient to ward off creeping threats of recession in the sector.
Despite a negative start, local stocks are tracking slightly higher in early trade, thanks to gains from energy and defensive stocks. At lunchtime in the East, the All Ordinaries Index (XAO) is up 15.3pts or 0.4pct to 4135.5.
- Industry consultant TradeTech has left its price indicators for U3O8 unchanged- TradeTech reports overall activity in the spot market is quiet- Cameco has triggered market speculation for corporate interest in Paladin EnergyBy Rudi Filapek-VandyckShares in Australia's major independent produc...
